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Jan 13, 2013
01/13
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FOXNEWSW
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we have $150 billion that corporations do in tax expenditures to avoid the tax rates. so their tax rate on average is 16%, not 35%. but that's inefficient. we have to do what matt said, and tax people efficiently. if you go back to world war ii and take all the years since then, when our tax rate was 70% in the 50s and you look at periods with more than 38%, we had an employment rate that grew of .5%. when the tax rate was -- excuse me -- was 2%. when the tax rate went down to 38% or below, we grew at five%. my point is this is not taxes. what is key, let's take murderrive and regalations on businesses, they have increased. if they are paying 33% more for regulations per individual, you are not opening up the line for that star runningback to get through. i understand the simplified tax rate form. but it is focusing on small businesses and giving them the opportunity with trained, skilled workforce, not that much reg iewdle, to burst through the line. that's where the focus should be. >> eric: matt, last word? >> you gotta do something. here's -- once again, when a pre
we have $150 billion that corporations do in tax expenditures to avoid the tax rates. so their tax rate on average is 16%, not 35%. but that's inefficient. we have to do what matt said, and tax people efficiently. if you go back to world war ii and take all the years since then, when our tax rate was 70% in the 50s and you look at periods with more than 38%, we had an employment rate that grew of .5%. when the tax rate was -- excuse me -- was 2%. when the tax rate went down to 38% or below, we...
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Jan 15, 2013
01/13
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FOXNEWSW
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they tax a lot. when you thought the tax by the mile thing was in park, a government study proves washington is revving to go. so you say men are superior drivers? yeah. then how'd i get this... [ voice of dennis ] ...safe driving bonus check? every six months without an accident, allstate sends a check. ok. [ voice of dennis ] silence. are you in good hands? ♪ [ male announcer ] this is karen anjeremiah. they don't know it yet, but they' gonna fall in love, get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. >> neil: i think this is what they call a hybrid to hell. you bought the gas saver to ease your pai
they tax a lot. when you thought the tax by the mile thing was in park, a government study proves washington is revving to go. so you say men are superior drivers? yeah. then how'd i get this... [ voice of dennis ] ...safe driving bonus check? every six months without an accident, allstate sends a check. ok. [ voice of dennis ] silence. are you in good hands? ♪ [ male announcer ] this is karen anjeremiah. they don't know it yet, but they' gonna fall in love, get married, have a couple of...
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120
Jan 19, 2013
01/13
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WRC
tv
eye 120
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president was popular in the re-election, he wa in a difficult fiscal cliff negotiation where he got the tax increases he wanted. the democrats are united but he faces such quick battles particularly over the debt and over gun legislation that he'd like to pursue, there isn't much of a reset, not much of a honeymoon because there's a carryover of toxic atmosphere in washington when it comes to getting big things done. >> you covered the white house about two terms of the bush administration. what does the president, what is the hard reality of his second term in. >> well he builds up a lot of political capital with re-election and that's very freeing for a second term president but the calendar is short. you have a limited amount of time to really drive the agenda and the president would like to get big things done from immigration to energy, but he's going to be facing trench warfare with republicans over the budget, for some time to come. i think that's going to overshadow most of what he does. >> david gregory thanks very much. >>> when "nbc nightly news" continues on this saturday, new r
president was popular in the re-election, he wa in a difficult fiscal cliff negotiation where he got the tax increases he wanted. the democrats are united but he faces such quick battles particularly over the debt and over gun legislation that he'd like to pursue, there isn't much of a reset, not much of a honeymoon because there's a carryover of toxic atmosphere in washington when it comes to getting big things done. >> you covered the white house about two terms of the bush...
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Jan 21, 2013
01/13
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FOXNEWSW
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eye 131
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obama demands the wealthy pay their fair share of taxes, but it's just elitist hypocrite when this comes it a fair share of security. protection for their kids and gun-free zones for ours. >> sean: powerful ad, but yet, anything the n.r.a. points out seems to just come under attack. >> well, i mean, it's come to the point in this country at that hypocrisy is right out there in the open. i mean, the fact is, all of these are backing hee and political people when their kids go to school, by and large protected by police and armed security. i mean, what's unfair is there are moms and dads all over this country, getting up and sending their kids to school on monday and tuesday next week that are praying that their kids come whom safe. and we could immediately help protect those kids by putting armed security in schools, same armed security that the elite has. it's the same with self-defense. these celebrities in hollywood, the rich, the powerful, the politicians are all protected, body guards, security, all the magazines they want. i mean, since when does the idea of protection limited to a
obama demands the wealthy pay their fair share of taxes, but it's just elitist hypocrite when this comes it a fair share of security. protection for their kids and gun-free zones for ours. >> sean: powerful ad, but yet, anything the n.r.a. points out seems to just come under attack. >> well, i mean, it's come to the point in this country at that hypocrisy is right out there in the open. i mean, the fact is, all of these are backing hee and political people when their kids go to...
111
111
Jan 19, 2013
01/13
by
FOXNEWSW
tv
eye 111
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obama demands the wealthy pay their fair share of taxes, but it's just elitist hypocrite when this comes it a fair share of security. protection for their kids and gun-free zones for ours. >> sean: powerful ad, but yet, anything the n.r.a. points out seems to just come under attack. >> well, i mean, it's come to the point in this country at that hypocrisy is right out there in the open. i mean, the fact is, all of these are backing hee and political people when their kids go to school, by and large protected by police and armed security. i mean, what's unfair is there are moms and dads all over this country, getting up and sending their kids to school on monday and tuesday next week that are praying that their kids come whom safe. and we could immediately help protect those kids by putting armed security in schools, same armed security that the elite has. it's the same with self-defense. these celebrities in hollywood, the rich, the powerful, the politicians are all protected, body guards, security, all the magazines they want. i mean, since when does the idea of protection limited to a
obama demands the wealthy pay their fair share of taxes, but it's just elitist hypocrite when this comes it a fair share of security. protection for their kids and gun-free zones for ours. >> sean: powerful ad, but yet, anything the n.r.a. points out seems to just come under attack. >> well, i mean, it's come to the point in this country at that hypocrisy is right out there in the open. i mean, the fact is, all of these are backing hee and political people when their kids go to...
127
127
Jan 17, 2013
01/13
by
CURRENT
tv
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government meaning tax dollars. why should we sign up for an expensive archive to get access to this research. >> let's say at the very worst he did what it is said that did he. that is not even a deal at is six months in prison and 13 felonies. when you turn that down, that is saying a lot about this guy. then they want to go after 35 years. >> they wanted to make an example out of him. he was known as part of the activist community and i think federal prosecutors wanted to make an example out of him. it's really a shame when you think about how tough this prosecution was, i mean, there is no excuse for it. >> you bring up the federal prosecutor in this case, carmen ortiz in this case. her husband tweeted this out. truly incredible that in their own son's obit they blame others of his death and make no mention of the six-month offer. >> that does not really help. you're saying, we're prosecuting him, and the warrant for the laptop was 34 days late. it was an excellent chance the entire case was going to be dismisse
government meaning tax dollars. why should we sign up for an expensive archive to get access to this research. >> let's say at the very worst he did what it is said that did he. that is not even a deal at is six months in prison and 13 felonies. when you turn that down, that is saying a lot about this guy. then they want to go after 35 years. >> they wanted to make an example out of him. he was known as part of the activist community and i think federal prosecutors wanted to make an...
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Jan 18, 2013
01/13
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CSPAN2
tv
eye 69
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on the income tax and less reliance the sales tax. [applause] in my budget -- in my budget, i propose to cut the sales tax in the current rate of 6.25% to 4.5% and dedicate all the proceeds to public works fund. that fund will support the transportation plan i have laid out for both existing responsibilities and the necessary and should project as well as the school building fund and other public infrastructure. under my plan, sales tax proceeds would be off-limits for any other purpose to support her education initiatives, my budget will propose that we increase income tax by one percentage point, 6.25% to make that increase fair to all according to their ability to pay will propose that we double the personal exemptions for every taxpayer and eliminate a number of itemized deductions. making those changes gives us a tax code that is sent. fair. let me add that these changes are sales income and business tax will be comparable to an competitive with other states in the region and beyond with which we compete. this is what i will prop
on the income tax and less reliance the sales tax. [applause] in my budget -- in my budget, i propose to cut the sales tax in the current rate of 6.25% to 4.5% and dedicate all the proceeds to public works fund. that fund will support the transportation plan i have laid out for both existing responsibilities and the necessary and should project as well as the school building fund and other public infrastructure. under my plan, sales tax proceeds would be off-limits for any other purpose to...
80
80
Jan 18, 2013
01/13
by
FBC
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eye 80
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replace payroll tax with the consumption tax, because, the payroll tax is what is killing jobs. neil: you know low that goes. once you get a tax going it goes up and up. >> that relates to other side, social chunks is insurance is s there are no trust funds just confetti paper we'll have to lefto taxpayers some day, social insurance is a huge myth. i would means fest it, cuts by a couple00 billion, i would reduce the number of people who are av and reduce that number. we're broke. when you hear -- >> how do you tell people that i've paid 40 years into social security. >> all be -- everyone who is taking it right now after 30 years dnot pay for what they are getting, the payroll tax of never close to what would fund on an -- >> what do you get, it takes three years for you to get everything back. >> 3 or 4, so i'm saying, if we get rid of socia sober social is insurance,defense, go back to ice ep loweeisenhower minimum we could revert back. republicans don't want to touch that, democrats don't want to touch it. hero are. >> and then have you obama saying we need 100 billion of gr
replace payroll tax with the consumption tax, because, the payroll tax is what is killing jobs. neil: you know low that goes. once you get a tax going it goes up and up. >> that relates to other side, social chunks is insurance is s there are no trust funds just confetti paper we'll have to lefto taxpayers some day, social insurance is a huge myth. i would means fest it, cuts by a couple00 billion, i would reduce the number of people who are av and reduce that number. we're broke. when...
65
65
Jan 20, 2013
01/13
by
FOXNEWS
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eye 65
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new taxes kicked n and they went to the bar and restaurant had a great time and now they will get a check for the so-called health care. >> that is good bread for a trillion dollars. we will ask the congressman worked with bill clinton a democrat and now working with barack obama a democrat. go to my website mikehuckabee.com. tell me what you think on the leaf feed back . sign up for my facebook and follow me on twitter. you can find the link to that and more at mikehuckabee.com. nothing. are you stealing our daughter's school supplies and taking them to work? no, i was just looking for my stapler and my... this thing. i save money by using fedex ground and buy my own supplies. that's a great idea. i'm going to go... we got clients in today. [ male announcer ] save on ground shipping at fedex office. [ male announcer ] save on ground shipping sometimes life can be well, a little uncomfortable. but when it's hard or hurts to go to the bathroom, there's dulcolax stool softener. dulcolax stool softener doesn't make you go, it just makes it easier to go. dulcolax stool softener. make yourself
new taxes kicked n and they went to the bar and restaurant had a great time and now they will get a check for the so-called health care. >> that is good bread for a trillion dollars. we will ask the congressman worked with bill clinton a democrat and now working with barack obama a democrat. go to my website mikehuckabee.com. tell me what you think on the leaf feed back . sign up for my facebook and follow me on twitter. you can find the link to that and more at mikehuckabee.com. nothing....
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Jan 16, 2013
01/13
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MSNBCW
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eye 179
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he's going after taxes, gun control, immigration, all issues that democrats have really not had the courage to take on. >> he's going with a really big hand. just 17% of republicans do. but, really, given these numbers, joe, he can go around some of these far right wingers. he has enough support without caving into them. >> don't forget this, and they eluded to it today, that election apparatus, which he now doesn't have to use to get elected because he'll never run for public office, again, i assume. but he can now use it for public opinion. i know what you're going to be doing tomorrow on your radio show and that is we're going to be using our apparatus to get this gun control measures through and put the pressure on the united states congress. and i think we'll be very successful at that. but his apparatus is in place. and that's something that the united states congress doesn't have. >> and, patricia, not only his apparatus, but the fact that he's been able to succumb and to even rise above and go and advance and thrive has given him a lot of confidence. when you look at the new york ti
he's going after taxes, gun control, immigration, all issues that democrats have really not had the courage to take on. >> he's going with a really big hand. just 17% of republicans do. but, really, given these numbers, joe, he can go around some of these far right wingers. he has enough support without caving into them. >> don't forget this, and they eluded to it today, that election apparatus, which he now doesn't have to use to get elected because he'll never run for public...
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Jan 18, 2013
01/13
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CSPAN2
tv
eye 116
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on the income tax and less reliance on the sales tax. [applause] in my budget, in my budget i will propose that we cut the sales tax from the current rate of 6.25% to 4.5% and dedicate all of the proceeds to a public works fund. that fund will support the transportation plan i have laid out both our existing responsibility and the necessary expansion project. as well as the school building fund, and other public infrastructure. under my plan, sales tax proceeds would be off limits for any other purpose. to support our education initiative, my budget will propose that we increase the income tax by 1 percentage point to 6 % 25% to make that increase fair to all according to their ability to pay. i will propose that we double the personal exemptions for every taxpayer, and eliminate a number of itemized dedeductions. making those changes gives us a tax code that is simpler and fairer. let me add that with these changes are sales, income, and business taxes will be comparable to and other states in the region beyond with which we compete. th
on the income tax and less reliance on the sales tax. [applause] in my budget, in my budget i will propose that we cut the sales tax from the current rate of 6.25% to 4.5% and dedicate all of the proceeds to a public works fund. that fund will support the transportation plan i have laid out both our existing responsibility and the necessary expansion project. as well as the school building fund, and other public infrastructure. under my plan, sales tax proceeds would be off limits for any other...
144
144
Jan 19, 2013
01/13
by
FOXNEWSW
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eye 144
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that's at the bottom of the hour, but next, think the payroll tax hike is the only thing taking a bite out of your wallet? guess again, the sticker shock stunner that's slamming us all and the government denies it. get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get straightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. progress-oh! [ female announcer ] with 40 delicious progresso soups at 100 calories or less, there are plenty of reasons people are saying "progress-oh!" share your progress-oh! story on facebook. yeah. then how'd i get this... [ voice of dennis ] ...safe driving bonus check? every six months without an accident, allstate sends a check. ok. [ voice of dennis ] silence. are you in good hands? >> good morning, everyone, we're live in
that's at the bottom of the hour, but next, think the payroll tax hike is the only thing taking a bite out of your wallet? guess again, the sticker shock stunner that's slamming us all and the government denies it. get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not...
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107
Jan 16, 2013
01/13
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MSNBCW
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eye 107
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of course is taxed by congress, but has no vote in congress, which famously is not the way we're supposed to do things in this country. what, you want to argue with james otis? taxation without representation is tyranny, boston, 1765? the president getting those license plates on the giant limo that is going the carry him to his inauguration officially makes the inauguration better than it otherwise would have been. or maybe ever has been before. we'll see. ♪ ♪ ♪ [ male announcer ] don't just reject convention. drown it out. introducing the all-new 2013 lexus ls f sport. an entirely new pursuit. introducing the all-new 2013 lexus ls f sport. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. totally fine. wait. it's full of what? it's full of these gel beads, son. these awesome little blue gel beads. you bought a mat
of course is taxed by congress, but has no vote in congress, which famously is not the way we're supposed to do things in this country. what, you want to argue with james otis? taxation without representation is tyranny, boston, 1765? the president getting those license plates on the giant limo that is going the carry him to his inauguration officially makes the inauguration better than it otherwise would have been. or maybe ever has been before. we'll see. ♪ ♪ ♪ [ male announcer ] don't...
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Jan 19, 2013
01/13
by
KGO
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eye 162
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. >> reporter: has been charged with more than 100 counts of prostitution, veelgs of privacy, and tax evasion. >> not guilty. >> reporter: her attorney is adamant her client is innocent. >> it's been tough. there's been a lot of scrutiny. getting through the day in any sort of normal way has been difficult. she's doing the best she can. she's certainly worried about what's going to happen to the criminal process. >> reporter: we went to wright's house back in october looking for answers. >> hello. is anybody home? you don't want to talk about the allegations? did you do it? >> no comment. >> did you run a prostitution ring? >> you know what, i will pick up the phone, and i will call the police. >> reporter: it is a scandal that has ripped apart a small town and destroyed lives and reputations. at the center of it, the woman who has yet to tell her story, alexis wright, who has everyone talking. as for mark strong sr., he says he will spend the rest of his life apologizing to his wife. >> i'm sorry for any dishonesty, for the intimate relationship that i had with alexis wright. >> repo
. >> reporter: has been charged with more than 100 counts of prostitution, veelgs of privacy, and tax evasion. >> not guilty. >> reporter: her attorney is adamant her client is innocent. >> it's been tough. there's been a lot of scrutiny. getting through the day in any sort of normal way has been difficult. she's doing the best she can. she's certainly worried about what's going to happen to the criminal process. >> reporter: we went to wright's house back in...
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89
Jan 19, 2013
01/13
by
FBC
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eye 89
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in the end a tax is a tax. you're talking about taxing products they buy, investment they make for their business, maybe or products they're selling. so it does seem like it would be an impediment elsewhere in their business. they think in the end it is a better tradeoff? >> it is a better tradeoff, again we're talking about simplicity and fairness. give up the exemptions, they're no longer paying corporate tax, if you're a small business, you pay through the indivual income tax anyway. and then the other attractive feature, it means their employees would no longer being paying individual income tax and that's very important to them in terms of attracting talent to their company and to our state. melissa: one place where i think you might have have a problem you say youwant to create jobs in your state but you boast an incredible unemployment rate, 3.7%. i mean, i wasn't even sure that was possible any longer. it is supposed to create inflation when your unemployment rate is below 4%. you don't want to drive th
in the end a tax is a tax. you're talking about taxing products they buy, investment they make for their business, maybe or products they're selling. so it does seem like it would be an impediment elsewhere in their business. they think in the end it is a better tradeoff? >> it is a better tradeoff, again we're talking about simplicity and fairness. give up the exemptions, they're no longer paying corporate tax, if you're a small business, you pay through the indivual income tax anyway....
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43
Jan 15, 2013
01/13
by
FBC
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eye 43
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more taxes. melissa: i feel like i'm going insane here because i feel like there was some sort of conversation about, this is going to be balanced approach. we'll raise taxes. if republicans will give on that we'll go ahead and cut spending. i feel like we have raised taxes and now we'll raise even more taxes and we're still spending like drunken sailors. susan, am i wrong. >> we're not spending like drunken sailers. melissa: we're not? 16 trillion dollar debt. >> 11 trillion he inherited. melissa: that is fine. everyone is at fault. everyone contributed to to this we are in dire straits. we are broke. everyone is at fault. no one is fixing it. >> well, and he is trying to fix it. that is why $4 trillion total reduction if they get to that number, will stablize it and we'll be able to start making invests to see our economy grow. the one silver bullet in deficit reduction is economic growth. we need to get out of this circle we're in right now and start talking about growth. how we start moving t
more taxes. melissa: i feel like i'm going insane here because i feel like there was some sort of conversation about, this is going to be balanced approach. we'll raise taxes. if republicans will give on that we'll go ahead and cut spending. i feel like we have raised taxes and now we'll raise even more taxes and we're still spending like drunken sailors. susan, am i wrong. >> we're not spending like drunken sailers. melissa: we're not? 16 trillion dollar debt. >> 11 trillion he...
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118
Jan 20, 2013
01/13
by
FOXNEWSW
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eye 118
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you've got to go where the money is and looking for him to hit the middle class with more tax hikes in the second term. i think a top priority. >> paul: he's got to find the money somewhere to get to do this. dan, what about the theory or what you're hearing from liberals and cheering it, no more mr. nice guy. the president is going to take on republicans, way too compromising in the the first term, not that i recognize that president, but that's the line that they're taking and so, look,er erhe's going to put them in their place and demonize them and sigma advertise them. >> we are going to see-- they're looking for a look on the radio, the president of the united states like a left wing talk show host. we're in the midst of a revolution and it's a take no prisoners revolution. when he talks about the elderly talking about obamacare and medicare, and talk about not caring whether important enough to eat, that's food stamps, as jason sucked he suggested he's looking for a way to transfer the wealth, not from just from the wealthy, but down to-- >> he's popular, personal approval rating
you've got to go where the money is and looking for him to hit the middle class with more tax hikes in the second term. i think a top priority. >> paul: he's got to find the money somewhere to get to do this. dan, what about the theory or what you're hearing from liberals and cheering it, no more mr. nice guy. the president is going to take on republicans, way too compromising in the the first term, not that i recognize that president, but that's the line that they're taking and so,...
105
105
Jan 14, 2013
01/13
by
CNBC
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eye 105
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the payroll tax hold day was not extended, so, that pushed the tax and social security up to 6.2% from 4.2%. despite the consumer discretionary shot up. no everyone is convinced the run can last as consumers feel the pinch. it's time for a street fight. karen is bullish on consumer discretionary, b.k. is bearish. so, beeks, lay out the bear case. >> okay, so, i start, karen is undefeated. i'm going to mind by ps and qs here. i think consumer discretionary is overdone here, primarily because when you look at consumer credit and disposable income, they increase one to one. we had an increase in consumer credit, away from the trend. you have an increase in disposable nexincome. it may not be a lot, but that could have a nonlinear effect on the area. when i look back at the valuation of it, xly or the underlying index is trading at the high end of its valuation on a p.e. and price to book ration owe is the word i was looking for. it a tough word. >> yeah. >> r-a-t-i-o. >> yes. >> i but curious about this, because it doesn't sound like a lot, but the tax policy center says that's $18 to $20
the payroll tax hold day was not extended, so, that pushed the tax and social security up to 6.2% from 4.2%. despite the consumer discretionary shot up. no everyone is convinced the run can last as consumers feel the pinch. it's time for a street fight. karen is bullish on consumer discretionary, b.k. is bearish. so, beeks, lay out the bear case. >> okay, so, i start, karen is undefeated. i'm going to mind by ps and qs here. i think consumer discretionary is overdone here, primarily...
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57
Jan 16, 2013
01/13
by
FBC
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eye 57
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not all will be in taxes of the part will be in cuts and part in taxes. we can't be in place t ignore investments we need to make in infrastructure. there is report out today we could lose $3 trillion over next eight years. melissa: stephen, i'm sure you're chomping at the bit to respond to that? >> look, one thing i will say to president obama he came to office in 2008 saying he would raise taxes. he has done it. this is what the president does. this is the way that he conducted himself in office. if you look back to after he lost and you think was rebuked fairly strongly in the 2010 midterm elections, he came back and gave a state of the union, a couple months later and said, just as susan did, we need to save more because we need more money for investments of the this is the way the president governor earns. he is a tax-and-spend liberal of the old school and i think it's, entirely clear that he could ask for moreaxes. melissa: i feel like i'm going insane here because i feel like there was some sort of conversation about, is is going to be balanced ap
not all will be in taxes of the part will be in cuts and part in taxes. we can't be in place t ignore investments we need to make in infrastructure. there is report out today we could lose $3 trillion over next eight years. melissa: stephen, i'm sure you're chomping at the bit to respond to that? >> look, one thing i will say to president obama he came to office in 2008 saying he would raise taxes. he has done it. this is what the president does. this is the way that he conducted himself...
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Jan 14, 2013
01/13
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FOXNEWSW
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eye 156
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don't forget the dependency deduction, child tax credit and earned income tax credit. all of which relate to cost of raising kids but have different requirement based on the child's location and legal status. experts say not to expect meaningful tax reform this year. >> you have a clear commitment on the part of president obama and democrats to use tax reform as means of raising extra revenue. not creating re-knew neutrality. if you try to raise revenue out of tax reform you will get higher rates. >> at the news conference, president obama made clear what he thinks about the 4 million words simplifying them or using them to promote economic growth are not priorities. >> from the start, my concern was making sure that we had a tax code that was fair. and protected the middle class. >> another related reason who i the tax code reform never gets done each loophole credit, preference and provision is favored by some interest group or another. which is in turn backed by veritable army of lawyer, accountant fighting to keep them where they are. >> bret: thank you. no grapevi
don't forget the dependency deduction, child tax credit and earned income tax credit. all of which relate to cost of raising kids but have different requirement based on the child's location and legal status. experts say not to expect meaningful tax reform this year. >> you have a clear commitment on the part of president obama and democrats to use tax reform as means of raising extra revenue. not creating re-knew neutrality. if you try to raise revenue out of tax reform you will get...
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Jan 18, 2013
01/13
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MSNBCW
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eye 118
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we kept middle class taxes low. we insured that every working family across the country had a little bit more money in their pocket to get through some of the tough times. we enacted health care reform. these are real things that we did to take steps to move our country forward. this is what the american people voted for. they voted for change and they voted for action, and stloetd for a pretty specific agenda. >> i wanted to also ask you about valerie jarrett's interview with politico and mike allen. she really pushed back hard on the argument that there have not been so far enough women in key roles throughout the cabinet. i'm not talking about the whole cabinet, but the lead four. now we look at dennis mcdonough being the chief of staff. on the frontline, not enough women. she points out in her comments to mike allen and jim vaned high, i don't play golf. i don't play basketball. i don't really play cards. i don't think anybody questions whether i have a role to play here. it's irrelevant whether the president wa
we kept middle class taxes low. we insured that every working family across the country had a little bit more money in their pocket to get through some of the tough times. we enacted health care reform. these are real things that we did to take steps to move our country forward. this is what the american people voted for. they voted for change and they voted for action, and stloetd for a pretty specific agenda. >> i wanted to also ask you about valerie jarrett's interview with politico...
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Jan 18, 2013
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the cities deal with the immense problems that get thrust upon them as a consequence of diminished tax bases, as a consequence of housing, a significant portion of the public and the states that are in the most need. we are committed to having a third phase of the so-called big deal in the budget. we're of the view that just as it took during the clinton administration, it didn't happen in one fell swoop. the economy in great shape and move toward a balanced budget. it started off in three phases. it started off with president bush's actions, the first president bush in terms of taxation before president clinton took office. and then the actions the president took in 1994 and then in 1997. well, we think there is a third phase here that can set our country on a path that will allow us to get our debt to g.d.p., our deficit to g.d.p. down around 3%, which is the basis of all economists left, right and center all agree on the areas we can begin to grow as a country. and as my grandfather used to say with grace of god and goodwill of the neighbors, cooler heads will prevail now between no
the cities deal with the immense problems that get thrust upon them as a consequence of diminished tax bases, as a consequence of housing, a significant portion of the public and the states that are in the most need. we are committed to having a third phase of the so-called big deal in the budget. we're of the view that just as it took during the clinton administration, it didn't happen in one fell swoop. the economy in great shape and move toward a balanced budget. it started off in three...
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Jan 16, 2013
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later on fox business i want you to meet the corn husker turned tax buster. the latest governor to give the income tax shove. do you notice a trend here? more and more governors, republicans governors are doing this. what are they up to? what are they really up to? tonight at 8:00. >> eric: hello, i'm eric bolling with andrea tantaros, bob beckel,be dana perino and gregreg gutfeld is back! it's 5:00 in new york city. this is "the five." ♪ ♪ >> eric: as expected, president become become used kids as backdrop addressing the american people on the plans for a new gun control. here he is. just hours ago. >> these are smart letters from some pretty smart young people. hennah a third grader. you can wave. that's you. henna wrote, i feel terrible for the parents who lost their children. i love my country and i want everyone to be happy and safe. grant -- go ahead and wave, grant. grant said i think there should be some changes. learn from what happened at sandy hook. i feel really bad. >> eric: the president outlined a series of proposals including closing backg
later on fox business i want you to meet the corn husker turned tax buster. the latest governor to give the income tax shove. do you notice a trend here? more and more governors, republicans governors are doing this. what are they up to? what are they really up to? tonight at 8:00. >> eric: hello, i'm eric bolling with andrea tantaros, bob beckel,be dana perino and gregreg gutfeld is back! it's 5:00 in new york city. this is "the five." ♪ ♪ >> eric: as expected,...
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Jan 14, 2013
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the fbi would shut down, prisons won't operate, the court system closes, tax refunds won't go out, the faa would go off line. that's not even talking about what would happen in the financial markets, including the prospect of interest rates rising. do you feel comfortable -- >> but, chris, we've already addressed some of these things about making certain the interest is paid, making certain that we prioritize. you know, budgets are to be about priorities anyway. and i think that there is a way we're going to have to find a way forward, if you will, we're going to have to work through a way forward so that we pay all of our bills, so that we are able to meet what we have to meet as far as our needs go, and that we are reducing what the federal government spends. there's a lot of waste, fraud, and abuse in the federal spending system. everybody knows that. the time has come that everybody engage in this. the agencies, the bureaucracy, they've got to do their part on this. they just can't sit there and say, oh, you're cutting me because you're not giving me the amount of increase that i w
the fbi would shut down, prisons won't operate, the court system closes, tax refunds won't go out, the faa would go off line. that's not even talking about what would happen in the financial markets, including the prospect of interest rates rising. do you feel comfortable -- >> but, chris, we've already addressed some of these things about making certain the interest is paid, making certain that we prioritize. you know, budgets are to be about priorities anyway. and i think that there is...
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, that we've got to fight to cut corporate tax rates, we've got to inform entitlements, we've got to do these things i think conservatives are best suited to do, instead of being engaged on fights on the periphery. we've got to narrow our focus and get back to first principles, and if we don't do that, the republican party's going to be in the minority for a very long time. >> joe scarborough from "morning joe," i like "afternoon joe" too. thank you very much. >> i like your time slot a lot better than ours, actually. 1:00's okay. >> try it some time, sleep in a bit. >> i'd like to. >>> coming up next, the gun lobby reacts to the president's proposals and that nra ad. >>> plus, biden, bloomberg, and gabby giffords. there's a trio inside "time's" special edition on gun control. this is "andrea mitchell reports" only on msnbc. i'm up next, but now i'm singing the heartburn blues. hold on, prilosec isn't for fast relief. cue up alka-seltzer. it stops heartburn fast. ♪ oh what a relief it is! maybe you want to incorporate a business. or protect your family with a will or living trust.
, that we've got to fight to cut corporate tax rates, we've got to inform entitlements, we've got to do these things i think conservatives are best suited to do, instead of being engaged on fights on the periphery. we've got to narrow our focus and get back to first principles, and if we don't do that, the republican party's going to be in the minority for a very long time. >> joe scarborough from "morning joe," i like "afternoon joe" too. thank you very much. >>...
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Jan 15, 2013
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do you stick by ford if the tax fight continues? >> yes, because beyond the dividend, it's an attractive stock. auto industry as a whole, we think, has still tremendous upside potential since it bottomed out in 2009, it continues to improve. ford, specifically, streamlined down to lincoln and ford models. they have a ways to go yet, but they are really looking to compete head on in the united states with toyota, with the fuel efficient products like fugs, fiesta, taurus, ect.. cheryl: that's right. 3 #% yield hit again on ford. the stock is climbs and climbing back to the debt ceiling debate, in 2012 # coming into 2013 were concerns about consumer spending. government numbers out, retail sales better. does that give you hope? is that why you are bullish at this point for 2013? >> yes. i mean our economy plods along and improves looking at real estate, consumer spending, major purchases such as auto. once again, i make the statement that once washington gets out of the way, we really think that the financial markets based upon where
do you stick by ford if the tax fight continues? >> yes, because beyond the dividend, it's an attractive stock. auto industry as a whole, we think, has still tremendous upside potential since it bottomed out in 2009, it continues to improve. ford, specifically, streamlined down to lincoln and ford models. they have a ways to go yet, but they are really looking to compete head on in the united states with toyota, with the fuel efficient products like fugs, fiesta, taurus, ect.. cheryl:...
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i'm a fan of ending progressive taxation our income tax our capital gains tax policies or progressive taxes i personally would prefer a capitation tax everybody over eighteen years of age not in prison not in an infirmary would pay a set fee every citizen in the jurisdiction would pay the same so again mitt romney spent one percent of his income in taxes you are saying i don't care how in the beginning you lumped in north carolina virginia with that the virginia plan is actually. elimination of the gas tax which would save eighteen cents really eight hundred cents on every gallon does that not help the poor so the people as i you know be as i said maybe this is the gasoline companies the oil companies are going to go right on their external nobody's covering the their up and for the cost of that you know what the poor people have a polaroid not the answer here not so horrible or can our behavior a lot if after their own interests only the burger. no their interest and this was the rhythm of the contest organisers it is about our society for gas oh that's what i just heard no that is n
i'm a fan of ending progressive taxation our income tax our capital gains tax policies or progressive taxes i personally would prefer a capitation tax everybody over eighteen years of age not in prison not in an infirmary would pay a set fee every citizen in the jurisdiction would pay the same so again mitt romney spent one percent of his income in taxes you are saying i don't care how in the beginning you lumped in north carolina virginia with that the virginia plan is actually. elimination of...
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Jan 17, 2013
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, to collect tax revenue, and to fight tax evasion. i forgot to mention the privatization program, which is also necessary. >> gentlemen here in the third row. >> thank you. what is your insight on the chinese economy in terms of opportunities and challenges? what goals are on top of your agenda that you want to achieve in the new year it? thank you. >> global growth is not to stem the top of my agenda, it is on the top of the agenda of anyone who cares about the economy and jobs. growth is a very conducive factor. turning to china, i would certainly observe that there is continued significant and substantial growth expected out of china. i would observe there has been a rebalancing would then the china -- within the china economy with a focused on consumption rather than exports. i would observe that the currency of china has adjusted. my hope is that these trends we have observed continue into 2013 s and the new chinese leadership. >> thank you. >> how do you see the impact of what is happening in the arab countries on the economy is
, to collect tax revenue, and to fight tax evasion. i forgot to mention the privatization program, which is also necessary. >> gentlemen here in the third row. >> thank you. what is your insight on the chinese economy in terms of opportunities and challenges? what goals are on top of your agenda that you want to achieve in the new year it? thank you. >> global growth is not to stem the top of my agenda, it is on the top of the agenda of anyone who cares about the economy and...
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he got americans to--wealthy americans to pay more in taxes. not the specific $250,000, quarter of a million. >> when we came to the so-called fiscal cliff there was a question that the american people had to resolve or the politicians did between the clinton-era tax rates where we had great prosperity and the bush-era tax rate where we didn't have that prosperity. for some reason we chose to go with the bush-era tax rates for 99% of americans. that makes no sense. >> but again-- >> and boehner is saying now he's literally i got 99% of what i want. do you have confidence he's not going to get anything in the next round? >> i have confidence in the president by separating this out got what he wanted. separating this whole debt ceiling out was his strategy--i don't think you'll hear john boehner say he got 99% of what he wanted. >> cenk: the ending of the negotiations. but whether they're going to negotiate or not i think the president will say i'm not going to negotiate over the debt ceiling, but the sequester is happening at the same time and i
he got americans to--wealthy americans to pay more in taxes. not the specific $250,000, quarter of a million. >> when we came to the so-called fiscal cliff there was a question that the american people had to resolve or the politicians did between the clinton-era tax rates where we had great prosperity and the bush-era tax rate where we didn't have that prosperity. for some reason we chose to go with the bush-era tax rates for 99% of americans. that makes no sense. >> but again--...
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Jan 16, 2013
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cuts for those who don't need tax cuts pre-2008. it is another thing when you're trying to climb out of a recession. >> that's exactly right. there is a lot of misunderstanding about the debt ceiling. most americans think the debt ceiling is congress giving itself permission to spend more money. when they understand it is about do we default on our bills they say what? you're not going to pay your bills? that's what the debt ceiling is about. one of the things i advocated was the restoration of the gephardt rule that said when congress voted for a budget, let's say it voted for the iraq war that cost a trillion dollars, then at the moment that they voted for that program the debt ceiling would be adjusted up or down to reflect the budget they just voted for. that's what most americans would do. so this debt ceiling is all about hypocrisy. it is all about pretending that we have an option about paying our bills. by the way, a lot of the bills we have to pay are things i was adamantly opposed to. i didn't want to go to war in iraq. i
cuts for those who don't need tax cuts pre-2008. it is another thing when you're trying to climb out of a recession. >> that's exactly right. there is a lot of misunderstanding about the debt ceiling. most americans think the debt ceiling is congress giving itself permission to spend more money. when they understand it is about do we default on our bills they say what? you're not going to pay your bills? that's what the debt ceiling is about. one of the things i advocated was the...
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Jan 20, 2013
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t's raise everybody's taxes. if you a goi to p the ququestionons to me, let me resespond but l's say we increase everybody's tataxes by 25%. everybody's taxes, that is it. you sll have an $800 billi deficit. it would likely shrink the ecomy so you're not would b be smaller. we're getting to the point -- we cannot tax ouray out. that is why we wilill be downgraded.. >> that is it for our roundtable. we will be back with some closing notes after the break. >> thank you for joining us. you have options on how to connect with "washington business report." twter, facebook, and youan find a streaeamingersi of the show on wjla.com. we hope to see you back again next sunday. thank you for joining us. ♪ ♪ ♪ ♪ [ multiple sounds making melodic tune ] ♪ ♪ [ male announcer ] at northrop grumman, every innovation every solution comes together for a single purpose -- to make the world a safer place. that's the value of performance. northrop grumman. o0 c1 we're sitting on a bunch of shale gas. there's natural gas un
t's raise everybody's taxes. if you a goi to p the ququestionons to me, let me resespond but l's say we increase everybody's tataxes by 25%. everybody's taxes, that is it. you sll have an $800 billi deficit. it would likely shrink the ecomy so you're not would b be smaller. we're getting to the point -- we cannot tax ouray out. that is why we wilill be downgraded.. >> that is it for our roundtable. we will be back with some closing notes after the break. >> thank you for joining us....
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tax revenues go up when you increase tax rates. that's mcconnell math. we can't have that kind of balanced approach here in washington. it can't be done because republicans won't go for tax increases. they did have to go with $600 billion here and any conservative watching this show, obama got all those tax increases. well it's worth remembering that before that $600 billion, he agreed in $1.5 trillion in spending cuts while he has been president. $917 billion in the previous debt limit deal and another $500 billion in other circumstances. so there still has been in our circumstance here in washington in the obama time a lot more cutting than revenue raising. >> john: alex, let in go over to you. why can't we get a deal done on the deficit? is it that republicans refuse to raise taxes or is there more to it. >> you look at every fight whether its fight over the debt ceiling, fight over guns, immigration, and you're going to see brutal fights. why? this is one of the most polarized congresses we've had in years. you have democrats and republicans who make
tax revenues go up when you increase tax rates. that's mcconnell math. we can't have that kind of balanced approach here in washington. it can't be done because republicans won't go for tax increases. they did have to go with $600 billion here and any conservative watching this show, obama got all those tax increases. well it's worth remembering that before that $600 billion, he agreed in $1.5 trillion in spending cuts while he has been president. $917 billion in the previous debt limit deal...
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Jan 21, 2013
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. >> in our budget that we will pass, we lift tax reform, which went many of my republican colleagues' way, but it's going to include revenues. it's a great opportunity to get us some more revenues to help in part deal with sequestration. >> so where does this fit in? >> i think where republicans have a legitimate critique of democrats is that democrats have not presented a budget in four years. if you look back at history is an irresponsible way of budgeting. it's how we would have budgeted in washington or college. maybe they won't present one, maybe they will. they have to at some point. the continuing operations of the government that bill expires in march. we have to do something. the big one is the debt limit. do we lift the debt limit so you can continue to borrow more money to fund the government? republicans are coming to the conclusion that they'll figure out a way to do that. even that's not a given. republicans have had it with spending. they feel they're going to use these leverage points, even ones that really could have, i think, a catastrophic effect on the economy. th
. >> in our budget that we will pass, we lift tax reform, which went many of my republican colleagues' way, but it's going to include revenues. it's a great opportunity to get us some more revenues to help in part deal with sequestration. >> so where does this fit in? >> i think where republicans have a legitimate critique of democrats is that democrats have not presented a budget in four years. if you look back at history is an irresponsible way of budgeting. it's how we...
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you have to pay back taxes and fines. you have to have been here for a significant period of time. know english and be assimilated. if you do all of those things what you get is a work permit basically a legal status, not a green card to allow you to be in this country legally and to work. >> bill: get a driver's license, insurance. >> you will be legally here. basic a nonpermanent vista. >> bill: on social security? >> under that status no one qualifies for any federal benefits. >> bill: all you get is the right to work. the right to have a driver's license, the right to stay here. >> that's the first part of it you have to be in that category for a significant period of time. when a significant period of time has elapsed you haven't violated any of those conditions, and, in fact, the border has been secured, thework place mechanism is in place all of that happens that would trigger a second phase. that second phase is this. all you would get at that point is the opportunity to apply for the existing legal immigration system. >> bill: but you could still be here to do it? >> while
you have to pay back taxes and fines. you have to have been here for a significant period of time. know english and be assimilated. if you do all of those things what you get is a work permit basically a legal status, not a green card to allow you to be in this country legally and to work. >> bill: get a driver's license, insurance. >> you will be legally here. basic a nonpermanent vista. >> bill: on social security? >> under that status no one qualifies for any federal...
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he didn't fight hard enough for the tax hikes on the wealthy. well, guess what people this is the way government works as mac jagger so poetically put it. joining us tonight from miami via skype to discuss the ivory soap liberals also known as the purity caucus is grunwald. michael grunwald. michael is "time" magazines' senior national correspondent and he is the author of the book "the new deal." welcome back inside "the war room," michael. >> thanks for having me governor. >> jennifer: you can written that there are three categories for diseffected progressives ivy soap liberals choice your own issue liberals and the others. break them in down for us. >> the ivory soap is 99.44% pure is never good enough. right? yeah okay you got gays to serve openly in the military but why did it take you two years? yeah, you have launched a clean-energy revolution and doubled a bill but they don't understand that change that doesn't pass congress doesn't make change. and obama never presented himself as a classic paio liberal. and then choose your own progre
he didn't fight hard enough for the tax hikes on the wealthy. well, guess what people this is the way government works as mac jagger so poetically put it. joining us tonight from miami via skype to discuss the ivory soap liberals also known as the purity caucus is grunwald. michael grunwald. michael is "time" magazines' senior national correspondent and he is the author of the book "the new deal." welcome back inside "the war room," michael. >> thanks for...
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and your corporate tax. where do you intend to get revenue to run your state? >> well, greta, the way we're going to do it, again, we're proposing elimination of the individual income tax and corporate income tax and the income is going to come by repealing some of the sales tax exemptions that we've granted to businesses over the years and i've had many conversations with them. they're looking for a simpler and fairer tax code and again, people in my state are pretty excited about the idea that we could eliminate the individual income tax. >> greta: i imagine though if you're taking advantage of that sales exemption tax you're not going to be particularly fond of this idea. how are you going to convince those people it's a good idea? >> well, that's the challenge we have, but again, many of these were implemented four or five decades ago. we have a different economic environment then and again, as i talk to business leaders, they said, you know what? if you can make it simpler and fairer we're willing to go
and your corporate tax. where do you intend to get revenue to run your state? >> well, greta, the way we're going to do it, again, we're proposing elimination of the individual income tax and corporate income tax and the income is going to come by repealing some of the sales tax exemptions that we've granted to businesses over the years and i've had many conversations with them. they're looking for a simpler and fairer tax code and again, people in my state are pretty excited about the...